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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 29, 2018
Jun. 30, 2018
Dec. 30, 2017
Current assets      
Cash and cash equivalents $ 744,808 $ 552,325 $ 961,067
Accounts and notes receivable, less allowances of $44,418, $25,768 and $52,588 4,147,367 4,073,723 3,953,643
Inventories, net 3,310,312 3,125,413 3,174,012
Prepaid expenses and other current assets 212,289 187,880 183,446
Income tax receivable 23,007 64,112 0
Total current assets 8,437,783 8,003,453 8,272,168
Plant and equipment at cost, less depreciation 4,375,550 4,521,660 4,366,292
Other long-term assets      
Goodwill 3,875,973 3,955,485 4,001,020
Intangibles, less amortization 899,939 979,812 1,056,335
Deferred income taxes 77,191 83,666 92,950
Other assets 527,740 526,328 430,605
Total other long-term assets 5,380,843 5,545,291 5,580,910
Total assets 18,194,176 18,070,404 18,219,370
Current liabilities      
Notes payable 6,101 4,176 6,629
Accounts payable 4,230,215 4,136,482 3,745,817
Accrued expenses 1,723,246 1,608,966 1,567,362
Accrued income taxes 4,571 56,793 128,446
Current maturities of long-term debt 786,037 782,329 534,716
Total current liabilities 6,750,170 6,588,746 5,982,970
Long-term liabilities      
Long-term debt 8,019,846 7,540,765 8,312,489
Deferred income taxes 233,601 319,124 143,794
Other long-term liabilities 987,566 1,077,163 1,477,991
Total long-term liabilities 9,241,013 8,937,052 9,934,274
Commitments and contingencies
Noncontrolling interest 35,357 37,649 33,524
Shareholders’ equity      
Preferred stock, par value $1 per share Authorized 1,500,000 shares, issued none 0 0 0
Common stock, par value $1 per share Authorized 2,000,000,000 shares, issued 765,174,900 shares 765,175 765,175 765,175
Paid-in capital 1,465,461 1,383,619 1,361,471
Retained earnings 10,654,711 10,348,628 9,708,261
Accumulated other comprehensive loss (1,524,407) (1,409,269) (1,116,028)
Treasury stock at cost, 251,658,719, 244,533,248 and 243,764,879 shares (9,193,304) (8,581,196) (8,450,277)
Total shareholders’ equity 2,167,636 2,506,957 2,268,602
Total liabilities and shareholders' equity $ 18,194,176 $ 18,070,404 $ 18,219,370